Gizur´s focus is on competition, regulatory and public law. He is widely regarded as one of the Bar´s leading specialists in these areas and a talented litigator. Gizur also advises and company and tax related issues. In recent years, Gizur has specialized in professional negligence in the financial sector, and has advised on insurance related issues, including D&O policy coverage.
In terms of non-contentious experience, Gizur is recognised as an outstandin regulatory lawyer and frequently advises both private and public clients on regulatory issues. From the public sector Gizur´s clients include the Competition Authority, the Central Bank of Iceland and the Housing Financing Fund.
On the contentious side, Gizur regulary appears in the Courts for regulators in judicial review challanges. He´s standing Counsel to the Competition Authority as well as the Capital Controls Surveillance Unit of the Central Bank. Recently, Gizur has acted for the the Central Bank and the Competition Authority in the EFTA Court in Luxembourg.
In recent years, Gizur has acted in numerous cases before the Surpreme Court, including:
2014 – The Competition Autority et al v Vifilfell Ltd. – alleged market abuse by Iceland´s leading soft drinks manufacturer.
2014 – SPB Ltd. v National Archives of Iceland et al – disclosue of documents.
2014 – Samherji Ltd. Iceland – reverse merger taxation.
2013 – Lyf og heilsa v. the Competition Authority – market abuse by Iceland´s leading pharmacy chain.
2012 – Síminn hf. v the Competition Authority – Iceland´s largest telecom operator´s violation of the CA´s decision in a merger case.
2012 – The Central Bank v. Samherji Ltd. et al – legality of the Capital Controls Surveillance Unit´s seizure of electronic documents.
2012 – The Housing Financing Fund v Estated of Norðurvik – validity of the HFF´s decision to require debtors to provide bank guarantee.
2012 – Stjörnugris and Arion Bank v the Competition Authority et al – Failing firm defence.
2012 – The Competition Authority v Icelandair – market abuse by Iceland´s leading airline.
2011 – The Competition Authority v ERGN Holdings & Valitor (VISA) validity of the CA´s decision to declare a conglomerate merger incompatible with the Icelandic market.
2010 -Hagar hf. v the Competition Authority – market abuse by Iceland´s leading groceries chain.
In Reykjavík´s District Court, Gizur´s cases include:
2013 – Lilliendahl v Arion bank and Gunnarsdóttir – alleged negligence by Kaupthing Asset Management´s personnel.
2011 – Palsson v. Kaupthing – validity of a Kaupthing´s claim in respect of it´s employees´stock option plan.
2010 – Sigurdsson et al v Arion Bank and Gunnarsson – alleged negligence by Kaupthing Asset Management´s personnel.
2009 – Lundur rekstrarfélag v Arion Bank – validity of a FX Swap Contract.
Gizur has also acted in numerous CAT appeal cases, including:
Gizur was called to the Icelandic Bar in 1998. Prior to his work as an Attorney, Gizur was a Law Clerk with the Justices og the Surpreme Court of Iceland. Gizur holds an LL.M degree in Commercial and Corporate Law from University College London.